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Europe

ECB concerned over SEPA migration progress

The ECB is concerned that many of the conversions to Sepa will take place after the migration deadline. (more…)

#bank#risks#smes

Russian factoring: 16-fold acceleration in 3 years

The Association of Factoring Companies (AFC) has released statistics for Russian Factors for the first 9 months of 2013. (more…)

#Alfa-Bank#bank#international


Norske Skog signs EUR 30 million receivables securitised loan

SpareBank 1 Gruppen Finans AS. will provide EUR30 million receivables securitised facility to Norwegian newsprint and magazine paper manufacturer. (more…)

#interest#receivables#securitisation


First Class Financial Group establishes receivables finance arm

First Class Capital to provide Sales Plan and Receivables Capital. (more…)

#management#payment terms#smes


Raiffeisen Factoring receives EUR10m from EBRD

The European Bank for Reconstruction and Development (EBRD) is providing a EUR10 million loan to Raiffeisen Factoring d.o.o., one of…

#bank#management#Raiffeisen


Study: A Third of European SMEs hindered by lack...

Access to finance is still a problem for SMEs across Europe despite the emerging recovery with a third of smaller…

#bank#guarantee#international


Supporting UK exports through export factoring – A success...

Part two of our short series on the state of funding for UK exports highlights the success of one of…

#bank#International Trade#invoice


On risk environment associated with receivables exchange platforms

Following the appointment of Graham Platts, former CEO of global credit scoring giant Experian-Scorex, to MarketInvoice Board of Directors, the…

#bank#guarantees#platforms


Sabadell to finance businesses approved by the City administration

City of Jerez and Banco Sabadell have agreed for the bank to finance entrepreneurs on preferential terms after their projects…

#bank#Boost#funding


CORRECTION: UniCredit Factoring adds mass business in its target...

UniCredit Factoring Bulgaria expects the share of domestic non-recourse factoring clients to reach 34pc by the end of the year.…

#management#non-recourse factoring#receivables


Corporate payment discipline improves, though is still one of...

Payment discipline of Czech companies is improving - results from an analysis by CSOB Factoring (more…)

#payment behaviour#payment delays#SAFE


French factoring grows but not fast enough

Despite of the 8.6pc growth in Q3 2014, the French factoring market is unlikely to reach the rates of 2012.…

#bank#Factofrance#Natixis

On situation with trade receivables securitisation in Germany

Though Eurofactor is not currently engaged in any receivables securitisation deals, we are currently looking into it for our own…

#bank#Credit Agricole#receivables securitisation

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